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Finance & Markets

Qatar Extends LNG Force Majeure as Hormuz Disruptions Drag On

Qatar has extended force majeure on liquefied natural gas shipments to Asia and Europe by another month as disruptions continue to hamper energy flows through the critical Strait of Hormuz.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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[Closing Market] KOSPI Falls Below 7,000 as Tech Stocks Slump

Opening after the Chuseok holiday on Monday, Sept. 28, the domestic financial market faced severe downward pressure as concerns over the prolonged global high-interest-rate stance and the shock wave…

  • KOSPI index fell below 7,000, closing at 6,889.74
  • Foreign investors sold 3 trillion won worth of stocks
  • Semiconductor sector, especially Samsung Electronics and SK hynix, dropped over 5%

More from Monday 28 September →